Carbon Pulse

Thirty New Jersey CO2 Allowance Tracking System (COATS) accounts were re-opened in the Northeast US RGGI ETS ahead of the scheme’s December auction and less than two months before the state returns to the regional programme, registry data showed Friday.

Two of Europe’s biggest low-cost airlines posted a second straight month-on-month decline in their carbon emissions in October.

Five Eastern EU member states have opted to increase the number of carbon allowances they are allocating to the bloc’s post-2020 Modernisation Fund, more than doubling its size.

The WCI carbon market's quarterly auctions are projected to contract significantly in 2020, as industrial true-up allocations for the third compliance period will shrink the availability of state-owned allowances, according to Carbon Pulse analysis.

Swiss-based MSC Cruises aims to achieve carbon neutrality in its marine fleet operations by Jan. 2020 through offsetting, and plans to increasingly rely on blue carbon projects to maintain the goal, it announced Friday.

Nepal will ink its GHG reduction agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF) in December, local media reported Friday, a move that would make it the first Asian nation to forge the REDD deal seen as a possible base for international emissions trade.

German utility EnBW advanced its hedging rates over Q3 2019, it said on Friday, leaving the company more heavily hedged than in recent years to provide a somewhat bearish signal for carbon.

EUAs fell to a two-week low early on Friday, but then clawed back to €25 after an improved auction.

Closing prices, ranges and volumes for China's regional pilot carbon markets this week.

The state government in South Australia has launched a strategy to develop and pilot blue carbon projects that it intends to eventually generate offsets under the federal government’s Carbon Farming Initiative.

Australian secondary market offset prices have risen to a six-month high amid a dearth of available supply, while new issuances and delivery to the government’s Emissions Reduction Fund were modest this week.

A daily summary of our news plus bite-sized updates from around the world.

Finance ministers from nine EU nations are calling on the incoming European Commission to ease the path for their countries to impose taxes on flight emissions.

RGGI allowance (RGA) prices rose to a five-month high this week as market participants reacted positively to Democrats sweeping the Virginia legislature, while California Carbon Allowances (CCAs) rose slightly following the linked WCI programme's publication of 2018 emissions data.

EcoSecurities, one of the most iconic developers of the offset project boom of the 2000s, is being relaunched by a team of its alumni and co-founders, Carbon Pulse has learned, who are gearing up to trailblaze once again in a new era of international carbon markets.

The Oregon Clean Fuels Program (OCFP) recorded a nearly 15,000 credit surplus during the second quarter of 2019 after posting its largest-ever deficit over the previous three months, state data showed Wednesday.

The objective of this role is to track the progress of climate policy at the subnational, national, and international levels, outside Europe and North America, where it is of significant relevance to BP, and to work with local businesses and C&EA teams to develop appropriate positions and advocacy strategies based on group principles.

EUAs climbed back above €25 early on Thursday to keep within their recent range, despite another weak auction further bearish economic data.

Participants in South Korea’s emissions trading scheme have banked 35.5 million 2018 vintage carbon allowances into 2019, the government said Thursday, some 6% of total annual allocation.

Shell expects a surge in demand for voluntary carbon credits after witnessing an immediate uptake from customers when it launched its own programmes, according the oil major’s executive tasked with making good on the company’s three-year $300 million nature commitment.